“The strong marketplace momentum we experienced this summer for our beer portfolio, especially Corona and Modelo Especial, continued throughout the fall and into the holiday selling season,” said Robert Sands, Constellation Brands’ president and CEO, in a statement. “New marketing campaigns along with superior sales and distributor execution at retail helped drive these outstanding results.”

Constellation Brands completed the acquisition in June of Grupo Modelo S.A.B. de C.V.'s U.S. beer business from Anheuser-Busch InBev SA for some $4.75 billion.

That deal, along with strong consumer demand and the return of distributor inventories to more normal levels, were key drivers in the firm’s quarterly performance, the company said.

Wine and spirits sales were $787.1 million, up from $766.9 million last year. Wine volume growth was partially offset by higher promotional spending and lower bulk spirits sales.

Constellation Brands raised its full-year 2014 earnings per share guidance to $3.10 to $3.20 from $2.80 to $3.10.